India used to be Iran’s second top oil buyer after China until May when US ended waivers granted to the country for import of oil from Iran.
Read More »China Considers Petrol-Electric Vehicles
China has some of the world’s strictest rules regarding the production of greenhouse gas-emitting vehicles.
Read More »ADNOC Plans to Launch Own Regional Oil Benchmark
ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »U.S.. China will Become World`s Biggest LNG Exporter and Importer in 2024
World LNG demand reached a record 432 bcm in 2018.
Read More »Saudi Arabia raises Domestic Gas Price
Saudi Aramco regularly produces 10 million barrels a day.
Read More »Russia. Saudi Arabia in Talks on New Oil. Gas. Petchems. Nuclear Cooperation
The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.
Read More »EU due to take steps against Turkey over Cyprus offshore drilling
Experts estimate that the sea bed off Cyprus holds around 227 billion cubic metres of natural gas deposits.
Read More »EU will Freeze Flow of Funds to Turkey as Drilling Dispute Escalates
The European Commission says Turkey has been drifting further away from the prospect of eventual EU membership.
Read More »China Greenhouse Gas Emissions Soar 50% during 2005-2014
The decline in CO2 from 2014-2016 came as a result of falling energy consumption. but it has since rebounded.
Read More »Russia Looks for Asia LNG Buyers to Alleviate Western Sanctions` Bite
The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.
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